Sentiment Indicator [MarktQuant]
The "Sentiment Indicator" tracks market sentiment for 38 cryptocurrencies, from AAVE to XRP, by smoothing sentiment data with a 7-day SMA. It offers a quick, visual gauge of fear or greed for the selected asset, perfect for crypto traders monitoring crowd psychology.
Key Features
Crypto Coverage: Supports 38 assets like BTC, ETH, SOL, and DOGE.
Normalize: Measures sentiment over a customizable Sensitivity period.
Display
- Histogram with gradient colors: green to yellow (-3 to 0), orange to red (0 to 1.8).
- Background highlights for extreme fear (below -3) or greed (above 1.8).
- Asset label on the last bar.
- Thresholds: Adjustable fear (-3) and greed (1.8) lines.
Inputs
Source Settings
Asset: Select from 38 options (default: BTC).
Sensitivity: Normalization Period (default: 90 days).
Threshold Settings
- Greed: Overbought level (default: 1.8).
- Fear: Oversold level (default: -3).
Calculations
Applies a 7-day SMA to raw sentiment data.
Uses a normalized period to calculate the sentiment metric.
Usage
Add to any chart to visualize sentiment trends for the chosen crypto.
Watch for fear (green) or greed (red) areas for research purposes.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact MarktQuant directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
📊 whop.com/marktquant
🌐 marktquant.com
Nothing shared on this page constitutes financial advice. All information, tools, and analyses are provided solely for informational and educational purposes.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact MarktQuant directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
📊 whop.com/marktquant
🌐 marktquant.com
Nothing shared on this page constitutes financial advice. All information, tools, and analyses are provided solely for informational and educational purposes.